From what I've seen the situation in Texas is far better than power in California. I'd say they are the two extremes now. California has some of the strongest state controls on utilities and some of the highest costs and issues like you mention with fires from poorly maintained systems. Its a complete mess. I believe average rates per kWh in California are above 45 cents. There is no reason for this other than restrictions and monopoly.
California overreacted to a crisis, that nearly took the state down. It took down a governor. Ever heard of Enron? Texans.
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